MANILA, Philippines—The Land Transportation Franchising and Regulatory Board (LTFRB) on Friday warned taxi drivers that they would be fined with P5,000 should they refuse to abide by the reduced taxi flag-down rate.
LTFRB Chair Winston Ginez said a hefty P5,000 fine for the first offense awaited taxi drivers who would violate the new flag-down rate.
The LTFRB on Friday announced a P10-rollback in the flag-down rate for taxis nationwide.
READ: LTFRB slashes taxi flag-down rate by P10
Ginez said the provisional P10-rollback would bring the flag-down rate from the current P40 down to P30, starting March 9.
The LTFRB urged commuters to report taxi drivers who refused to acknowledge the P10 rollback to the agency’s number at 426-2515 or through 09214487777.